Ernst & Young again ranks India as world’s most attractive solar market
India is the top market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index. Spain, Germany and the United States are the top three markets for corporate power purchase agreements (PPAs).
Maharashtra tenders 230 MW of distributed solar
Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has started accepting bids to develop grid-connected, ground-mounted solar plants, ranging in size from 2 MW to 10 MW, in various districts of Maharashtra. The ceiling tariff is fixed at INR 3.30 ($0.041)/kWh, with bidding scheduled to close on December 16.
NLC extends bidding for 300 MW of solar in Rajasthan
Bids can now be submitted until December 2 to install and commission 300 MW of solar projects at Barsingar in the Bikaner region.
NHPC records its highest-ever half-yearly net profit
The state-owned hydropower producer, which has also diversified into the field of solar and wind power, has reported a net profit of INR 2,483 crore ($307 million) for the half-year ended Sept 30, 2022–a 12% jump year-on-year.
International Solar Alliance launches innovation challenge in Africa
SolarX Grand Challenge aims to promote entrepreneurship and innovation and discover local solutions to meet the energy gap through solar energy solutions in the African region.
Addressing challenging terrains; optimizing production
Faced with undulating terrains, solar PV companies are leveraging modern technologies to achieve terrain flexibility across challenging sites to deliver unmatched efficiency improvement and bring production gains to solar projects.
GEAPP, ISA sign $10 million grant agreement to boost solar deployment
The Global Energy Alliance for People and Planet (GEAPP) has signed a $10 million grant agreement with the International Solar Alliance (ISA) to boost the deployment of solar energy in developing countries.
India saved $4.2 billion in fossil fuel costs due to solar generation in H1
A new report says solar generation helped seven Asian countries avoid $34 billion in fossil fuel costs in the first half of 2022. The majority of these savings were in China ($21 billion). Japan avoided $5.6 billion in fossil fuel costs and India saved $4.2 billion.
Tech advances halving surface needed for ground-mount solar
French developer VSN Energies Nouvelles was able to almost double the capacity of one of its PV projects due to technological advances such as high-powered panels and new plant design concepts.
Tata Power awarded 150 MW solar project in Maharashtra
Tata Power Renewable Energy Ltd has secured the letter of award to build a 150 MW solar project in the Solapur district. The project was awarded by Maharashtra State Electricity Distribution Corp. Ltd.
